Chicago, IL
Perfect opportunity for rebranding, located at ground level with large bi-fold opening windows, to a very nice size sidewalk cafe. Large dining room with a 35' bar and 175 Occupancy. Has an excellent...
Not Disclosed
Restaurants and Food Businesses For Sale in Chicago, IL
Market Info
Real EstateRARE / 5,295 SF 2nd gen. restaurant in Heart of River North for lease
6
High-Volume Longstanding Japanese Restaurant w/Property Chicago-45 Yrs
REAL ESTATE INCLUDED
Chicago, IL
A cherished destination for authentic Japanese cuisine, offering the perfect blend of traditional ambiance and flavorful dishes. Serving a wide array of incredible dishes including maki, sashimi,...
$895,000
Cash Flow: $100,000
Thriving Thai Restaurant Business With Liquor License For Sale
Chicago, IL
Own a piece of Chicago's vibrant culinary scene with the sale of Gold Ladle Thai Cuisine located at 2011 N Damen Ave. Chicago, IL 60647. This is a stock sale, including the LLC, FF&E, business name...
6
$100,000
Turn Key Restaurant For Sale- Chicago
Chicago, IL
**For Sale: Successful D.P. Dough Franchise in Chicago, IL – Perfect for Owner/Operator** **Price:** Contact for Details **Location:** Chicago, IL (Near DePaul University) Here’s a rare opportunity to...
$49,000
Chicago Modern-American, Southern Inspired Cuisine
Chicago, IL
This Company provides a vibrant environment with live music, a modern American southern-inspired menu, and professional bar offerings that all continue to evolve. With a dedicated customer base and...
Not Disclosed
Cash Flow: $373,898
Asset SaleNew Opportunity for Bakery Cafe
Chicago, IL
This is a rare opportunity to take over a fully equipped café space in a prime location. The café comes complete with all major equipment, fixtures, and partial commercial kitchen setup — ideal for...
2
$1,000
Proven Fried Fish & Chicken Restaurant for sale
Chicago, IL
$42,000
Fast Food Restaurant Super Prime Location
Chicago, IL
$110,000
Legendary Chicago Nightclub & Bar w/Real Estate ~ Huge Value & Upside!
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
Great Seafood Brand with a 50-year proven program
REAL ESTATE INCLUDED
Chicago, IL
$750,000
FranchiseVitality Bowls
Available in Illinois
$75,000
Established & Beloved Turnkey Restaurant in Prime Location
Chicago, IL
$119,800
Established Food Franchise in High Traffic Tourist and Biz District
Chicago, IL
$159,000
CM Korean Chicken Of Chinatown (Chicago)
Chicago, IL
$370,000
Cajun Broil- Confidential listing
Chicago, IL
$275,000
Hyde Park Restaurant For Sale
Chicago, IL
$175,000
Tom Traina
EatZ & Associates
Serving Cook County, IL
EatZ & Associates is a National Business Brokering Firm specializing in the restaurant industry. With over 22 years of restaurant brokering and sales experience, EatZ & Associates works with both national, regional and local franchises, as well as established independent restaurants. We are one of the nation’s largest brokers of existing franchise and independent resales, representing many franchisors that have corporate units, franchisees, in addition to, individuals with multiple or single eating and drinking establishments. Our goal at EatZ & Associates is to offer unsurpassed guidance to both buyers and sellers looking for the right restaurant to buy or helping you sell your restaurant. Our staff with countless years of restaurant related experience in operations, brokering and sales, is passionate about helping you find the right restaurant to buy -or- finding the right buyer for your restaurant! Our team delivers with countless years of brokering and commercial real estate experience from working with landlords, franchisors, franchisees and independent owners across the country. We have sold well over 2,500 businesses! WHAT SETS US APART: - We Know Restaurants - Building, Buying, Financing, Leasing, Owning, Operating & Selling! - Countless Years of Experience in the Restaurant Industry - Countless Years of Experience in Restaurant Operations - 22+ Years of Experience Restaurant Brokering/Sales - Strong Relationships with Various Restaurant Lenders - National Database of Prospective Buyers - Over 50,000 Potential Buyers in Our Database - Over 2,500 Businesses Sold
Contact me
Established Seafood Restaurant
Chicago, IL
$268,000
Auntie Anne's Pretzel's Franchise, very rare model for sale.
Chicago, IL
$450,000
Longstanding Hugely Popular Café Chicago, IL - Over 28 Years!
Chicago, IL
$299,000
CM Korean Fried Chicken of Lincoln Park ( Chicago)
Chicago, IL
$220,000
North Side Chicago Philly Steak restaurant- Fast Food for sale
Chicago, IL
$299,900
FranchiseBenito's Pizza
Available in Illinois
$300,000
Chicago Illinois Wedding Caterer for Sale – Same Owner 25 Years
Chicago, IL
$695,000
$20k For Sub Franchise, Cook County, Il., Seller Financing Available
Chicago, IL
$30,000
Super Opportunity to Own Hot Dog Place with Great Potential
Chicago, IL
$69,000
Pizzeria & Italian Restaurant - Sought-After Bucktown/Wicker Park!
Chicago, IL
$69,000
High-Volume Well-Established Family Owned Pizzeria & Ristorante!
Chicago, IL
$169,000
Fully functioning Banquet Hall. Recently updated. With Parking fo 31+
Chicago, IL
$1,850,000
Well-Known Tavern Opportunity with PPA License
Chicago, IL
$295,000
Turn-Key Restaurant Opportunity in Prime Corner Location
Chicago, IL
$195,000
$75k For Low Rent, $6.5k/wk Avg. Sales, Sub#1 Fran For Sale In Chicago
Chicago, IL
$75,000
Proven Smoke Shop Model For Sale
Chicago, IL
$590,000
FranchiseEggs Up Grill
Available in Illinois
$200,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$650,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago
Chicago, IL
$474,000
Sub#1 Franchise For Sale In Downtown Chicago Cook County
Chicago, IL
$299,000
Sub#1 Franchise For Sale In Chicago Cook County
Chicago, IL
$75,000
2 Sub#1 Franchise For Sale In Downtown (Sold As A Package) Chicago, Co
Chicago, IL
$275,000
Franchise810 Entertainment
Available Nationwide
$650,000
7 High Volume Sub#1 Franchises , Chicago ?For Sale As A Package
Chicago, IL
$1,474,000
Sarpino's Pizza For Sale In Chicago, Cook County
Chicago, IL
$195,000
High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!
Chicago, IL
$3,999,000
Established Corner Bar/ Restaurant Concept
Chicago, IL
$195,000
Very High Volume Sub#1 Franchise For Sale In South Loop
Chicago, IL
$210,000
HOSAM BADER
HORIZON REALTY BROKERS ,INC
Serving Cook County, IL
Contact me
Asset SaleTrademark and recipes for a true American icon!
Chicago, IL
$1,500,000
Asset Sale4 Store Taco Pros Network for sale- Chicago, Illinois
Chicago, IL
$1,700,000
Asset SaleFully-Equipped Pizzeria The Loop/Downtown Chicago - Turnkey!
Chicago, IL
$75,000
Asset SaleTurn-Key Restaurant on Wicker Park's Restaurant Row
Chicago, IL
$300,000
Asset SalePizzeria & Italian Restaurant - Sought-After Bucktown/Wicker Park!
Chicago, IL
$69,000
FranchiseCheckers & Rally’s Restaurants
Available in Illinois
$350,000
Asset SaleHigh Traffic Location on Busy Blvd
Chicago, IL
$45,000
Asset SaleProperty & Asset Sales Business
Chicago, IL
$750,000
Real EstateThe Burlington | 3-Unit Mixed-Use with Tavern License
Chicago, IL
$1,275,000
Real Estate805 SF Commercial Space for Lease in Prime Old Town Location
Chicago, IL
Not Disclosed
Real EstateTurnkey Deli–Grocery Fully Operational with Building for Sale
Chicago, IL
Not Disclosed
FranchisePJ's Coffee of New Orleans
Available in Illinois
$175,000
Buy or Sell a Restaurant in Chicago, IL
Food and restaurant businesses are among the most common businesses bought and sold on BizBuySell. Whether you are a buyer or a seller, it is helpful to have some context on the local market. To provide that context, we have analyzed restaurant for sale listings in Chicago and aggregated financial data to help you compare and evaluate individual restaurant businesses.
Market Snapshot
|
Number of Businesses Analyzed |
44 |
|
Median Asking Price |
$267,000 |
|
Median Reported Revenue |
$800,000 |
|
Median Reported Earnings |
$108,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Chicago, IL Restaurant Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.23 |
2.20 |
|
Median |
0.41 |
3.13 |
|
Upper Quartile |
0.63 |
3.70 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Restaurant Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a restaurant in Chicago?
The median asking price for restaurants in Chicago, IL is $267,000. However, prices can range significantly higher or lower depending on location, size, type, and the financial health of the business.
How much do restaurant owners earn?
Median revenue of restaurant businesses listed for sale in Chicago is $800,000, while the median reported owner’s discretionary earnings is $108,000. Earnings can vary greatly depending on the type of restaurant, location, management efficiency, and market demand.
How are restaurants in Chicago valued?
Most business owners (and buyers) will start by applying earnings and revenue multiples to the businesses reported financials. This way buyers and sellers can gauge the value of a restaurant business relative to its peers in the market.
Based on our most recent analysis of Chicago restaurant business listings, revenue multiples range from 0.23 to 0.63, with the median at 0.41. Earnings multiples range from 2.20 to 3.70, with the median at 3.13. This means restaurants in Chicago are valued, on average, around 0.41 times annual revenue, and 3.13 times annual owner earnings.
On average, businesses sell for about 80-90% of asking price, so valuation multiples based on active listings tend to be higher than closed sale multiples.
More for Business Buyers:
More for Business Sellers:
- How to Value & Sell Your Restaurant Business
- Find a Business Broker
- List a Business for Sale
- Get Closed Sale Valuation Data
